Furno, a burgeoning disruptor in the cement industry, aims to tackle the sector’s significant carbon footprint with its innovative approach. Founded by Gurinder Nagra in 2020, Furno seeks to revolutionize cement production through the development of super-efficient, modular kilns.
The cement industry is notorious for its environmental impact, contributing a substantial portion of global carbon emissions. Nagra’s concern about this issue, coupled with the industry’s overlooked status, inspired him to establish Furno and address these pressing challenges.
Traditional cement production methods are both inefficient and environmentally damaging. Furno’s solution involves the design of smaller, more flexible kilns that offer greater energy efficiency compared to conventional models. By reducing both capital and operating costs, Furno aims to make sustainable cement production more accessible, particularly in developing economies.
Key to Furno’s innovation is its vertical kiln design, which optimizes the calcination process while significantly reducing emissions. By leveraging combustive gases and precise flame control, Furno achieves emission reductions of over 70%, marking a substantial improvement over existing technologies.
Moreover, Furno’s modular approach opens up opportunities for on-site cement production and the use of recycled materials, further enhancing its environmental sustainability.
This groundbreaking initiative has garnered significant attention and support, with Furno securing a $6.5 million seed round led by Energy Capital Ventures, alongside contributions from Cantos, Neotribe, and O’Shaughnessy Ventures.
Already, Furno’s approach has attracted interest from ready-mix concrete companies, offering them newfound control over their supply chains and market dynamics.
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By Proptechbuzz
By Ravi Kumar